Binary Options Trading

Many kinds of trades rely on outside market data to determine their outcome, but of all the varieties, binary options offer the most basic and straightforward format. A binary option offers only one of two outcomes. You either gain or lose. Binary options also feature fixed time limits, where in the end, your trade has either been successful, or not. Thanks to that simplicity, traders are attracted to binary options because they do not have to study the intricate ins and outs of international markets.

When a trader purchases a binary option, they are asked to decide which of two possible outcomes they find more likely. While plenty of traders do their research on market trends and news events, the limited range of a binary option does make it possible to test your luck and jump in with little to no background.

In general terms, there are three varieties of binary options, which all work in a similar fashion. With a digital option, a trader predicts if the price of a certain asset will rise or fall from its current market price within a set period of time. For example, a trader may choose a binary option predicting the price of gold will rise or fall in the next one hour. With a range option, a trader is asked to predict if the value of the chosen asset will within a set range by the set expiration, or not. Finally, with a touch option, a trader is asked to predict whether the price of a specified asset will touch a specific value at any point before the set expiry, or not. For example, a trader may be asked to decide whether the price of oil will hit a specific value within the agreed-upon expiration period.

At BinaryOptionsJourney.com, we feature over 70 broker reviews detailing what assets you can trade in, minimum deposit, minimum trade, rate of return, trading types, banking options, customer support info and if there’s a bonus offered to new traders as well as if the broker is licensed and regulated. We also feature great tutorials for both new and advanced investors with how-to guides and articles in our education section. Don't forget to take a look at our blog for the latest in financial news and reviews.

Some of our latest articles include: Candlestick Patterns Explained to Rollover Strategy and Boundary Strategy to What is an Options Builder? These articles and more can be found in Education.

Feature Broker Reviews

Trade at TopOption

TopOption features has more than 175 different assets, high returns to traders of up to 85% and instruments that range from 60 seconds to one touch. New traders receive up to a 25% bonus. Deposits start at $100 and trades starting at $5.


TopOption Review

Trade at Capital Option

Capital Option features a payout of up to 85% with trading in commodities, forex, indices and stocks. $5 minimum for 60 second trades. New traders are welcomed with a 100% bonus.


Capital Option Review

Trade at Cedar Finance

Cedar Finance offers new traders a 100% bonus on their first deposit. Features include up to an 85% return rate, trades starting at $25 and customer support by phone, live chat or web form.


Cedar Finance Review

New Broker Reviews

Sign Up Broker USA
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Sign Up Sycamore Options USA Traders Not Accepted up to 75% no bonus Review
Sign Up Titan Trade USA Traders Not Accepted up to 85% up to 100% Review
Sign Up Winner Option USA Traders Not Accepted up to 85% 100% Review
Sign Up Boss Capital USA Traders Accepted up to 85% up to 100% Review
Sign Up Power Option USA Traders Not Accepted up to 85% 100% Review

Binary Options Blog Latest News

Global Markets Lose Momentum Following Geopolitical Concerns (September 24, 2014) - Global markets have witnessed a volatile week following geopolitical concerns including airstrikes by the US and its allies in the Middle East. The Dow, Nasdaq, and S&P 500 began the week in red, overshadowing Alibaba’s debut and stronger than expected Chinese PMI of 50.2. US stocks picked up from where they left off in the [...] read more here

Dow and S&P Reach Record Highs Following Fed Policy Meeting (September 19, 2014) - The Fed policy meeting, Alibaba IPO, and Scottish referendum have been the highlights of the trading week with the Dow and S&P setting closing at fresh record highs on Thursday. The Fed’s decision not to raise interest rates in the immediate future lifted the S&P 500 .SPX 0.49 percent higher to 2,011.36. The Dow also [...] read more here

Stocks Slip After Five Week Rally (September 13, 2014) - After ending almost flat but on a positive note on Thursday, U.S. stocks moved lower in the morning session on Friday and were on course to snap a five-week advance. An increase in jobless claims and anticipation of an interest rate hike by the Federal Reserve at its mid-September meeting made investors cautious. A rise [...] read more here

S&P 500 Stops Short Of 2,000 Points Following Late Day Sell-Off (September 5, 2014) - Late day selling stalled any chance of the S&P 500 crossing the 2,000 mark after three days of struggle. More than seven percent of shares were traded on Thursday as compared to Wednesday. The S&P 500 shed 3.1 points to close at 1,998 while the Dow Jones also dropped 8.7 points to 17,070. The Nasdaq [...] read more here

Wall Street Declines as Geopolitical Concerns Outweigh Positive U.S. Economic Data (August 29, 2014) - Wall Street felt the heat as the latest tension between Russia and Ukraine continued to escalate. While stronger U.S. economic data helped stem some losses, U.S. stocks dipped lower on Thursday. Although worries over the conflict had decreased over the past few weeks, Russia’s occupation of areas in south east Ukraine and a possible increase [...] read more here

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